1. Monday: ① Data: China's June M2 money supply annual rate (TBD). ② Events: OPEC releases its monthly oil market report (specific release time to be determined, generally around 6-9 PM Beijing time).
2. Tuesday: ① Data: US June NFIB Small Business Confidence Index, ADP Employment Change, US June CPI and Core CPI data; China's June trade balance.
② Events: Fed Governor Waller speaks; State Council Information Office holds press conference on import and export situation in the first half of 2026; Fed Chairman Warsh attends hearing of the House Financial Services Committee on the "Federal Reserve's Semi-Annual Monetary Policy Report" [simultaneous interpretation]. ③ Earnings Reports: JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Wells Fargo (pre-market). 3. Wednesday: ① Data: US API crude oil inventory weekly report, EIA crude oil inventory weekly report, US June PPI year-on-year and month-on-month rates, US July New York Fed Manufacturing Index; China's Q2 GDP year-on-year rate, June retail sales of consumer goods year-on-year, June industrial value-added of enterprises above designated size year-on-year, China's June total electricity consumption (pending); Eurozone May industrial production month-on-month rate; Canada's May wholesale sales month-on-month rate; Bank of Canada interest rate decision until July 15. ② Events: The National Energy Administration releases monthly electricity consumption data around the 15th of each month; Chicago Fed President Goolsby, a 2027 FOMC voting member, participates in a fireside chat; Bank of England Governor Bailey delivers a speech; the National Bureau of Statistics releases monthly reports on residential sales prices in 70 major and medium-sized cities; the State Council Information Office holds a press conference on the national economic situation; FOMC permanent voting member and New York Fed President Williams delivers a speech; the Bank of Canada releases its interest rate decision and monetary policy report; Federal Reserve Chairman Warsh attends the Senate Banking, Housing, and Urban Affairs Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy Report" [simultaneous interpretation]; Bank of Canada Governor Macklem and Senior Deputy Governor Rogers hold a monetary policy press conference. ③ Earnings Reports: Morgan Stanley, ASML, Johnson & Johnson, BlackRock (pre-market). 4. Thursday: ① Data: South Korea's central bank interest rate decision to July 16; UK May three-month GDP month-on-month rate, May manufacturing output month-on-month rate, May seasonally adjusted goods trade balance, May industrial production month-on-month rate; Eurozone May seasonally adjusted trade balance; US initial jobless claims for the week ending July 11, June retail sales month-on-month rate, July Philadelphia Fed Manufacturing Index, July NAHB Housing Market Index, May business inventories month-on-month rate, June pending home sales index month-on-month rate, EIA natural gas weekly report. ② Events: Federal Reserve releases Beige Book; 2028 FOMC voting member and St. Louis Fed President Musalaim speaks; Changxin Technology begins IPO subscription. ③ Earnings Reports: TSMC (pre-market), Netflix, Alcoa (after-market). 5. Friday:
① Data: Eurozone May seasonally adjusted current account; June final CPI annual rate; US June annualized housing starts; June building permits; June import price index month-on-month; June industrial production month-on-month; July preliminary one-year inflation forecast; July preliminary University of Michigan consumer sentiment index.
② Events: Domestic refined oil prices will be adjusted again; Dallas Fed President Logan, a 2026 FOMC voting member, will speak; Fed Vice Chairman Jefferson will speak on the economy and monetary policy; the World Artificial Intelligence Conference (WAIC 2026) will be held in Shanghai from July 17 to July 20.
③ Market Closure: Seoul Stock Exchange in South Korea will be closed.
6. Saturday:
① Data: US total oil rig count for the week ending July 17.
